Multiple choice

The marked price of a shoe was Rs 720. A man bought the same for Rs 550.80 after getting two successive discounts, the first being 10\%. The second discount rate is

  1. 18 %

  2. 12 %

  3. 14 %

  4. 15 %

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

After 10% discount, price = 720 × 0.9 = Rs 648. Let second discount be x%. Final price = 648 × (1 - x/100) = 550.80. So 1 - x/100 = 550.80/648 = 0.85. Therefore x/100 = 0.15, which means x = 15%. The second discount rate is 15%.